Converting bitcoin into fiat currency

in bitcoin •  6 years ago 

Converting bitcoin into real money is not a big deal now a days. It is very much possible to convert bitcoin into fiat currency within a minutes which makes it possible to use conveniently. I want to tell you one important thing is that bitcoin is not like other fiat currency. Just think about gold which have some value. Bitcoin is the same, you can get something in exchange of bitcoin.


Image source:

In most of the big cities in the world bitcoin has ATM service. From there you can convert your bitcoin to fiat currency also it is possible to get some bitcoin in exchange of fiat currency.

There are a lots of website in the market from there you can buy bitcoin with fiat curreny like coinbase, CoinJar, changely etc. Also you can sell your bitcoin in some website like localbitcoin.com

Some companies are now offer cryptocurrency debit card. They will give you a debit card in exchange of your fiat currency which can be used in the online market.

There are some other options to exchange bitcoin, but these are the most common method of exchanging bitcoin.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

if you have some spare time checkout this
https://steemit.com/earn/@kamal/earn-quick-money-hassle-free

You got a 69.70% upvote from @sleeplesswhale courtesy of @steemitgeek!

  ·  6 years ago Reveal Comment